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Commercial Land with Freeway Frontage

150 Shoreline Hwy Mill Valley, CA 94941

150 Shoreline Hwy, Mill Valley, CA, 94941
$3,500,000
For Sale
$3,500,000

LAND - Mill Valley, CA

Lot Size0.86 Acres
Days on Market47

Property Features for 150 Shoreline Hwy

General Information

Property type
Land
Property subtype
Other
Zoning
CZ
Standard status
Active
APN
05237104
Lot size
0.86 Acres

Utilities

Sewer type
Public Sewer
Water source
Public
Listing Agency RE/MAX Accord
3390 Mt Diablo Blvd., Danville, CA
Listed by Kevin Obrien · License #1385083
Added: Jun 5 Updated: Jun 12 at 4:51 am Checked: Jul 21 at 1:06 am
MLS# 41137313 Listing URL

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering is a 0.86-acre commercial land parcel at 150 Shoreline Hwy in Mill Valley, California (94941). The property includes three existing buildings that are described as producing approximately $30,000 per month in revenue, while the buyer works through permitting. Public remarks also reference the ability to build up to 46 units of affordable housing, with a stated dirt cost of $77,000 per unit.

The site is positioned for visibility and access, described as high-traffic with freeway frontage. Zoning is listed as CZ, and the public remarks state CP zoning allows affordable housing, homeless shelters, retail stores, offices, and restaurants.

For tenants, buyers, and operators, the land’s flexible zoning as described supports multiple development and occupancy pathways, including housing-focused projects and neighborhood-serving commercial uses. The presence of three existing buildings may offer interim income potential while plans and permits are pursued, subject to due diligence and approvals.

Key Highlights

  • Approx. 1‑acre land parcel for sale in Marin/Mill Valley area
  • High‑traffic location with freeway frontage
  • CP zoning allows for affordable housing, homeless shelters, retail, offices, and restaurants

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sage Designs Inc Distribution Center Cole Chiropractic Alternative Medicine Practice Studio Joi -HAIR ... Hair Salon Dorothy O'Leary, MFT Family Counselor Myopro Alternative Medicine Practice

Suggested Use

Building Supply Restaurant Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Auto Parts Store Dental Office Storage Facility Hair Salon Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - 0.86-acre parcel with freeway frontage; zoning allows affordable housing, shelters, retail, offices, and restaurants.
Where is this commercial land located?
The property is located at 150 Shoreline Hwy Mill Valley, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approx. 1‑acre land parcel for sale in Marin/Mill Valley area; High‑traffic location with freeway frontage; CP zoning allows for affordable housing, homeless shelters, retail, offices, and restaurants
Contact an agent
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